Analog Devices (NASDAQ:ADI) Stock Price Down 0.8% - Here's Why

On Tuesday, Analog Devices, Inc. (NASDAQ:ADI) saw its stock price decline by 0.8%. During mid-day trading, the stock reached a low of $219.95 before closing at $221.30. Approximately 346,427 shares were traded, marking a significant drop of 89% compared to the average trading volume of 3,226,897 shares. The previous closing price was $223.12.

Analyst Ratings Changes

• Take a look at the top semiconductor stocks beyond NVIDIA that are worth watching for the year 2025.

A number of research analysts have recently shared their views on Analog Devices (ADI). On August 22, Bank of America revised its price target for the stock from $260.00 to $255.00 while maintaining a "buy" rating. Truist Financial also decreased their price target from $233.00 to $227.00, giving the stock a "hold" rating on November 27. Additionally, Needham & Company LLC reaffirmed a "hold" rating on the same date. Cantor Fitzgerald established a "neutral" rating with a target price of $250.00 in a report released on October 8. Meanwhile, JPMorgan Chase & Co. raised their price target from $260.00 to $280.00, also rating the company as "overweight" on August 22. Overall, out of 23 equity research analysts, seven have rated the stock as a hold while sixteen have given it a buy rating. According to MarketBeat, Analog Devices has an average rating of "Moderate Buy" and a consensus target price of $249.33.

Analog Devices Stock Performance

• Ambarella's recent success has led to a surge in its stock, indicating a possible market reversal.

The company has a quick ratio of 1.35, a current ratio of 1.84, and a debt-to-equity ratio of 0.19. The market capitalization stands at $110.17 billion, with a price-to-earnings ratio of 67.26 and a PEG ratio of 2.48. The stock's 50-day moving average is $224.14, and its 200-day moving average is $226.03.

Analog Devices Announces Dividend

Recently, Analog Devices declared a quarterly dividend of $0.92 per share, which will be paid on December 20 to shareholders on record as of December 9. The company’s annualized dividend totals $3.68, yielding approximately 1.66%. However, the dividend payout ratio is notably high at 111.85%.

Insiders Place Their Bets

• Reasons why the uptrend of Analog Devices could accelerate in 2025.

In recent transactions, EVP Gregory M. Bryant sold 30,000 shares of the company on September 25 at an average price of $224.10, totaling $6,723,000. Following this sale, he owns 109,093 shares valued at about $24.4 million. This transaction signifies a 21.57% decrease in his holding. Similarly, CEO Vincent Roche sold 10,000 shares on November 1 at an average price of $223.87, amounting to $2,238,700. He now possesses 21,983 shares worth approximately $4.92 million, a 31.27% decrease in his ownership. In total, insiders have sold 100,000 shares valued at $22,596,300 in the past three months, and insiders collectively own only 0.31% of the company's stock.

Institutional Trading of Analog Devices

Recently, several large investors have adjusted their holdings in ADI. Capital Performance Advisors LLP purchased a new position during the third quarter valued around $28,000. New Millennium Group LLC made a similar move in the second quarter, investing approximately $29,000. Additionally, Archer Investment Corp increased its stake by 101.4% in the third quarter, owning 145 shares now valued at $33,000 after acquiring more shares. ORG Partners LLC amplified its stake by 675.0% in the second quarter, now holding 155 shares worth $35,000. CVA Family Office LLC boosted its stake by 40.2% in the second quarter, owning 157 shares at a valuation of $36,000. Currently, institutional investors and hedge funds own 86.81% of the stock.

Analog Devices Company Overview

Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems. The company serves various regions including North America, South America, Europe, Japan, China, and Asia. Analog Devices produces data converter products that convert real-world analog signals into digital data and vice versa, power management products for various applications, and power ICs to aid in power supply designs.

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Investing Insight

Considering an investment of $1,000 in Analog Devices? It might be prudent to gather more information.

Top-rated analysts often share insights on stocks they believe will yield strong returns, and Analog Devices was not among the highest recommendations currently.

While it holds a "Moderate Buy" status among analysts, several believe other stocks present a more promising opportunity.

To explore which stocks are identified as strong buys, follow the relevant links.

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